4325 Bannister, El Monte, California 91732, El Monte, 91732 - 2 bed, 1 bath
Loading property details...
El Monte, California 91732
This Development-Ready Asset represents a High-Potential Investment Opportunity with a List Price of $680,000—positioned well below the $709,829 Fair Market Value by 4%. This valuation gap offers $29,829 in Instant Equity. Featuring a Condition Rating of 4 with a refreshed interior, the property’s primary value is the expansive 9,725 sqft Lot and significant ADU Development Potential. Sold "As-Is" as a mandatory package deal, this is a prime acquisition for Buy-and-Hold Investors or Developers looking to maximize land utility.
Property is moderate renovation needed.
Originally built in 1937, the property has received a recent cosmetic refresh with new flooring and paint. However, the kitchen and bathroom are noted as 'previously updated' rather than new, and visible systems like the wall heater and window AC unit appear dated (>20 years). Given the age and 'As-Is' sale status, the home is functional but likely requires minor repairs or modernization of core systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9725, living area = 870.
The expansive 9,725 sqft lot offers significant opportunities for expansion or ADU development, providing high value for investors or those seeking multi-generational living options.
The home features new flooring throughout and previously updated kitchen and bathroom, offering a clean and modern aesthetic that reduces immediate renovation needs.
The requirement to purchase this property together with 4323 Bannister Ave increases the total capital investment and may limit the pool of eligible buyers.
Sold in as-is condition with no repairs or credits, the property requires the buyer to assume all responsibility for potential maintenance or structural upgrades.
Situated on a generous lot, this 2-bedroom, 1-bath home offers a great opportunity for both owner-users and investors. The interior has been refreshed with new flooring throughout, creating a clean and updated feel from the moment you walk in. The kitchen and bathroom have been previously updated, and the layout provides functional living with comfortable spaces. The outdoor area features ample parking and a variety of mature fruit trees, adding character and usability to the lot. With its size and configuration, the property presents potential for expansion, ADU development, or future improvements (buyer to verify with the city). Property is being sold AS-IS, with no repairs or credits. Must be purchased together with 4323 Bannister Ave, El Monte, CA 91732.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 870 | 1,550 | 6% |
| Lot Size | 9,725 | 6,464 | 78% |
| Price | $680.0K | $795.0K | 22% |
| Price per sq ft | $782 | $522 | 92% |
| Built year | 1937 | 1959 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 142 | 6% |
Apr 9, 2026
$680,000
Initial Listing
Oct 21, 2024
$670,000
Public Record
Apr 25, 2005
$300,000
Public Record
Jun 17, 2004
$292,500
Public Record
Jul 27, 1999
$180,000
Public Record